Latest Labor economy News

FILE - In this Aug. 16, 2016 file photo, a condemned inmate is led out of his east block cell on death row at San Quentin State Prison in San Quentin, Calif. The California Labor and Workforce Development Agency confirmed Tuesday, Dec. 1, 2020, that California has sent about $400 million in unemployment benefits to state prison inmates. In all records show 31,000 inmates have applied for benefits and about 20,800 were paid $400 million. A group of local and federal prosecutors said 133 inmates on death row were named in claims. (AP Photo/Eric Risberg, File)

California paid $400 million in jobless benefits to inmates

Dec. 1, 2020 8:03 PM EST

SACRAMENTO, Calif. (AP) — California sent about $400 million in fraudulent unemployment benefit payments to state prisoners, a state official said Tuesday, nearly triple the amount disclosed last week and a number that could grow as a criminal investigation continues. Nine county district attorneys and a...

Christmas lights hang in the trees as the streets are almost empty in the old town of Marburg, Germany, Monday, Nov. 30, 2020. (AP Photo/Michael Probst)

German unemployment dips despite 2nd partial shutdown

Dec. 1, 2020 4:54 AM EST

BERLIN (AP) — Germany's unemployment rate dipped in November despite a partial shutdown introduced to halt a sharp rise in coronavirus infections, official data showed Tuesday. However, estimates suggest that the number of companies using a short-term salary support program has risen. The unadjusted...

FILE - In this Aug. 14, 2019, file photo former Fed Chair Janet Yellen speaks with FOX Business Network guest anchor Jon Hilsenrath in the Fox Washington bureau in Washington. (AP Photo/Andrew Harnik, File)

Biden names liberal econ team as pandemic threatens workers

Dec. 1, 2020 12:08 AM EST

WILMINGTON, Del. (AP) — With unemployment still high and the pandemic threatening yet another economic slump, President-elect Joe Biden is assembling a team of liberal advisers who have long focused on the nation’s workers and government efforts to address economic inequality. Janet Yellen,...

FILE - In this Aug. 14, 2019, file photo former Fed Chair Janet Yellen speaks with FOX Business Network guest anchor Jon Hilsenrath in the Fox Washington bureau in Washington. (AP Photo/Andrew Harnik, File)

Biden names liberal econ team as pandemic threatens workers

Nov. 30, 2020 9:05 PM EST

WILMINGTON, Del. (AP) — With unemployment still high and the pandemic threatening yet another economic slump, President-elect Joe Biden is assembling a team of liberal advisers who have long focused on the nation’s workers and government efforts to address economic inequality. Janet Yellen,...

FILE - In this May 6, 2020, file photo, a sign stands outside the Department of Labor's headquarters in Washington. A government watchdog has found that the Labor Department’s widely watched weekly unemployment benefits data are providing an inaccurate reading on the number of newly laid off workers because of flaws in the government’s data collection. (AP Photo/Patrick Semansky, File)

GAO says weekly unemployment benefits report flawed

Nov. 30, 2020 6:24 PM EST

WASHINGTON (AP) — A government watchdog has found that the Labor Department’s widely watched weekly unemployment benefits data are providing an inaccurate reading on the number of newly laid off workers because of flaws in the government’s data collection. The Government Accountability Office...

People wearing face masks walk past as barber Matthew Jones stands inside his temporarily closed 'Sharpes Barbers' whilst putting up Christmas lights in the front windows in readiness for when he will be allowed to reopen for business when England's second coronavirus lockdown is due to end on December 2, on Broadway Market in Hackney, east London, Tuesday, Nov. 17, 2020. Small businesses around the world are fighting for survival amid the economic fallout from the coronavirus pandemic. Whether they make it will affect not just local economies but the fabric of communities.(AP Photo/Matt Dunham)

On London street, virus forces small shops to adapt or close

Nov. 30, 2020 2:32 AM EST

LONDON (AP) — In late October, Matthew Jones was enjoying a rare “bit of normality” at his London barber shop in a year that has been short on that. He was cutting hair and laughing with colleagues — when the news landed that the business would have to close for the second time. Jones,...

This Week: Construction spending, Fed survey, US jobs report

Nov. 30, 2020 1:01 AM EST

A look at some of the key business events and economic indicators upcoming this week: EYE ON CONSTRUCTION U.S. construction spending has been mostly rising this year after a spring swoon caused by the economic fallout from the pandemic. Spending fell in March, April and May and has notched gains every month...

In this photo provided by Ashley McCue, Richard Matsui works from a coworking space on Nov. 18, 2020, in Honolulu. A group of Hawaii leaders is trying to attract more people like Matsui to work remotely in Hawaii during the pandemic. (Ashley McCue via AP)

Hawaii seeks to be seen as a remote workplace with a view

Nov. 29, 2020 11:08 AM EST

HONOLULU (AP) — Software engineer Raymond Berger begins his work day at 5 a.m., before the sun comes up over Hawaii. Rising early is necessary because the company he works for is in New York City, five hours ahead of Maui, where he is renting a home with a backyard that's near the beach....

President-elect Joe Biden speaks Wednesday, Nov. 25, 2020, in Wilmington, Del. (AP Photo/Carolyn Kaster)

The Latest: Biden urges Americans to forgo big Thanksgiving

Nov. 25, 2020 3:54 PM EST

WASHINGTON (AP) — The Latest on President-elect Joe Biden (all times local): 3:30 p.m. A big Biden family Thanksgiving is off the table for President-elect Joe Biden because of the pandemic. In remarks billed as a Thanksgiving address to the nation, the Democrat urged Americans to “hang on”...

Editorial Roundup: US

Nov. 25, 2020 3:05 PM EST

Excerpts from recent editorials in the United States and abroad: ___ Nov. 25 The Baltimore Sun on toilet paper purchases during the pandemic: You’ve got packages of toilet paper stacked in your bathroom closet. And some stashed in the basement. But then you throw some more rolls into your grocery cart,...